Ferran Torres has told Paris Saint-Germain they can begin formal negotiations with FC Barcelona over a summer transfer, according to SPORT, as reported by Forbes. Sources close to the discussions say the Spanish forward has authorised the French club to open talks, though no official bid has yet landed at the Spotify Camp Nou.

Torres is in the final 11 months of his contract, which runs until June 2027. Barcelona would prefer to extend his deal but are unable to do so until September due to Financial Fair Play constraints, as Forbes noted.

Barcelona’s Asking Price

Goal.com reported that Barcelona are prepared to sanction a departure if Torres pushes for one and a club meets their valuation. That figure sits at around €55 million. The club would rather cash in this summer than see him walk away for a reduced fee when his contract expires.

PSG have spoken with the player’s representatives but have not yet submitted a formal offer to Barcelona. The Catalan club are bracing for an approach and accept that the Parisian side can offer wages far beyond what they are willing to match.

Torres’s Status at the Nou Camp

Head coach Hansi Flick has valued Torres as part of his plans, but the 26-year-old is considered a squad rotation option rather than a guaranteed starter, per Forbes. His standing at the club sits below that of other attacking options, a factor that has reportedly left Torres feeling undervalued.

He was prolific last season. Across 49 appearances he scored 21 goals and added three assists, according to Goal.com. He also scored the only goal of Spain’s World Cup final victory over Argentina.

Despite that form, Barcelona and Flick are reportedly puzzled by Torres viewing himself as a frontline starter, particularly given the club’s pursuit of Julian Alvarez from Atletico Madrid.

Timeline and Next Steps

Torres expects a deal to be wrapped up this week, Forbes reported, meaning he would not need to report for Barcelona’s pre-season opening on August 12. He is still on post-World Cup holiday in the United States, where he has made television appearances and attended events in New York.

Barcelona fans have broadly accepted that a fee in the region of $50 million would represent fair value for a player entering the final stretch of his contract. The club remain in a waiting position until PSG convert their interest into a concrete bid.